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225 E Watertown St
Rapid City, SD 57701
Oxford Apartments · Multifamily Property For Sale
·
17 Units
INVESTMENT HIGHLIGHTS
- Located in the heart of Rapid City
- All brick construction making for ease of maintenance
- Centralized water heater - 2022
- Easy access to city center, shopping, and public transportation
- New centralized boiler - 2021
- Property also has some new windows
EXECUTIVE SUMMARY
Solid 17 unit apartment complex in the heart of Rapid City with easy access to city center, shopping and public transportation. All brick construction making for ease of maintenance with recent updates including: New centralized boiler, 2021, Centralized water heater 2022 and some new windows. Property has low vacancy, on site laundry, decorative security fence, on site parking and is ready for it's new owner.
PROPERTY FACTS
| Price Per Unit | $122,624 CAD | Lot Size | 0.35 AC |
| Sale Type | Investment | Building Size | 11,619 SF |
| No. Units | 17 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1963/2001 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | B |
| Price Per Unit | $122,624 CAD |
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.35 AC |
| Building Size | 11,619 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1963/2001 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | - | - |
| 1+1 | 6 | - | - |
| 2+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 0064567 | Improvements Assessment | $1,842,344 CAD |
| Land Assessment | $85,979 CAD | Total Assessment | $1,928,323 CAD |
PROPERTY TAXES
Parcel Number
0064567
Land Assessment
$85,979 CAD
Improvements Assessment
$1,842,344 CAD
Total Assessment
$1,928,323 CAD
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